[145 Pages Report] on Non-phthalate Plasticizers Market is projected to reach USD 4.53 Billion by 2022, at a CAGR of 8.7% from 2017 to 2022. This growth can be attributed to the growing building & construction industry in regions, such as Asia-Pacific, Middle East & Africa, and South America and the increasing use of non-phthalate plasticizers in floorings and wall coverings. Implementation of stringent regulations pertaining to the use of phthalate plasticizers is a key factor expected to further fuel the growth of the non-phthalate plasticizer market.

Objective of the Report:

The report aims at estimating the market size and future growth potential of non-phthalate plasticizer market, segmented based on type, application, and region. The base year considered for the study is 2016 and the market size is forecasted from 2017 to 2022. The report provides detailed information regarding the major factors influencing the growth of the non-phthalate plasticizer market. It also analyzes the opportunities in the market for stakeholders and details of a competitive landscape for market leaders. Additionally, the report profiles the key players and comprehensively analyzes their core competencies.

The research methodology used to estimate and forecast the market size included the top-down and bottom-up approach to estimate and validate the size of the non-phthalate plasticizer market and estimate the size of various other dependent submarkets. This research study involved the use of extensive secondary sources, directories, and databases such as Bloomberg BusinessWeek and Factiva to collect information useful for this technical, market-oriented, and commercial study of the non-phthalate plasticizer market. In-depth interviews with various primary respondents have been conducted to verify critical qualitative and quantitative information as well as to assess prospects.

Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments.

Scope of the report:

This research report categorizes the non-phthalate plasticizer market based on type, application, and region.

Based on Type:

Adipates Esters

Trimellitates Esters

Epoxies Esters

Benzoates

Based on Application:

Flooring & Wall Coverings

Wire & Cable

Coated Fabric

Film & Sheet

Consumer Goods

Based on Region:

North America

Asia-Pacific

Europe

South America

Middle East & Africa

The market is further analyzed based on key countries in each of these regions.

Available Customizations:

Along with the given market data, MarketsandMarkets offers customizations according to the specific needs of the company. The following customization options are available for the report:

Regional Analysis:

Country-level analysis of the non-phthalate plasticizer market

Company Information:

Detailed analysis and profiling of additional market players

The non-phthalate plasticizer market is projected to reach USD 4.53 Billion by 2022, at a CAGR of 8.7% from 2017 to 2022. The market is driven by the growing building & construction industry and the increased use of non-phthalate plasticizer in the flooring & wall coverings and wire & cable applications, globally. Growing end-use industries in emerging countries, such as China and India, and the increasing preference for non-phthalate plasticizer in different applications are expected to further fuel the growth of the market in the coming years.

Non-phthalate plasticizers are used in different applications, such as flooring & wall coverings, wire & cable, film & sheet, consumer goods, and coated fabric. The flooring & wall coverings segment was the largest application segment of the non-phthalate plasticizers market in 2016. Non-phthalate plasticizers are used in the flooring application, as they can withstand heavy foot traffic such as in retail stores and repeated cleaning such as healthcare facilities. Non-phthalate plasticizers-based wall coverings are durable and are easy to maintain.

Based on type, the adipates plasticizers segment was the largest segment of the market in 2016. The growth of the segment is expected to be driven by the high demand for adipates plasticizers from the consumer goods industry. The trimellitates plasticizers segment is projected to be the fastest-growing segment of the non-phthalate plasticizer market during the forecast period. Trimellitates plasticizers are typically used in applications requiring low volatility and high temperature resistance for extended periods of time.

Asia-Pacific, North America, Europe, South America, and Middle East & Africa are the key regions considered in the non-phthalate plasticizer market. Asia-Pacific was the largest market for non-phthalate plasticizers in 2016. The region is also projected to be the fastest-growing market, in terms of both value and volume, during the forecast period. Significant growth of the construction industry, especially in the developing countries in the region, is expected to drive the growth of the non-phthalate market in Asia-Pacific.

Some of the major challenges for the growth of the non-phthalate plasticizers market are rising prices of raw materials, such as adipic acid and use of alternative materials in some applications. The use of high-cost non-phthalate plasticizers increases the cost of the end products and is, therefore, a major challenge in the market.